Matson on Tuesday announced thecompletion of a private placement in which it issued $100m worth of unsecured notes.
In a statement it said the 30-year bondshave a weighted average life of approximately 14.5 years and bear an interestrate of 4.35% payable semi-annually.
Proceeds from the fundraiser, which wasfirst unveiled back in November, will be used for what the company describedonly as “general corporate purposes”.
Finance
